Major Undertakings definition

Major Undertakings means those undertakings set forth in Sections 5.19, 6.01, 6.02, 6.03, 6.04 and 6.05, solely to the extent that they relate to any Certain Funds Loan Party; provided, that, for the avoidance of doubt, a Major Event of Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Company or any of the Company’s subsidiaries, or any of the assets of the Company or any of the Company’s subsidiaries, or a breach of a procuring obligation with respect to the Company or any of the Company’s subsidiaries.
Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on financial indebtedness, disposals, mergers, acquisitions, distributions, loans out or guarantees under any Super Senior WCF.
Major Undertakings means those undertakings set forth in Sections 6.17(d) to (h), 7.01 and 7.04, solely to the extent that they relate to any Certain Funds Loan Party; provided, that, for the avoidance of doubt, a Major Event of Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Company or any of its Subsidiaries, or any of the assets of the Company or any of its Subsidiaries, or a breach of a procuring obligation with respect to the Company or any of its Subsidiaries.

Examples of Major Undertakings in a sentence

  • For the avoidance of doubt, no undertakings other than those which are set out in Part II (Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default) shall constitute a Major Undertaking.

  • Organising committee and affiliates only use personal data and information of Exhibitors for the purpose of Exhibition and related matters, will not use and not disclosure for any other purposes; however in the request of laws and regulation, judicial judgment and governmental agency is the exception.

  • Actually, fiscal deficit is also a important factor in this formulation, we hesitate to discussed the fiscal situation here because there’s almost no change in the fiscal situation between 1996-1997 in those countries.


More Definitions of Major Undertakings

Major Undertakings means those undertakings set forth in Sections 7.01, 7.02, 7.03, 7.04, 7.05, and 7.09, solely to the extent that they relate to Holdings or the Borrowers, as applicable; provided, that, for the avoidance of doubt, a Major Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Target or any of the Target’s subsidiaries, or any of the assets of the Target or any of the Target’s subsidiaries, or a breach of a procuring obligation with respect to the Target or any of the Target’s subsidiaries.
Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on financial indebtedness, disposals, mergers, acquisitions, distributions, loans out or guarantees under the Super Senior WCF. “New Debt” means Financial Indebtedness incurred pursuant to paragraph (f) of the definition ofPermitted Financial Indebtednessprovided that the creditors (or a representative or agent representing such creditors) under such debt has acceded to the Intercreditor Agreement. “New Debt Creditors” means each creditor under and as defined in the relevant New Debt Documents (or a representative or agent representing such creditors). “New Debt Documents” means each document or instrument entered into after the date hereof between any Group Company and a New Debt Creditor setting out the terms of any credit which creates or evidences New Debt. “Representatives” means the Super Senior Representative and the Senior Representative. “Secured Obligations” means all present and future actual and contingent obligations and liabilities at any time due, owing or incurred by any Group Company to any Secured Party under the Senior Finance Documents, both actual and contingent. “Secured Parties” means the creditors under the Senior Finance Documents but only if such creditor (or, in the case of a bondholder, its Representative) is a party to or has acceded to the Intercreditor Agreement in the appropriate capacity pursuant to the terms of the Intercreditor Agreement, and their respective agents. “Security Agent” means Nordic Trustee & Agency AB (publ), reg. no. 556882-1879 as security agent for the Secured Parties. “Senior Creditor” means the bondholders, the Agent and any New Debt Creditor. “Senior Debt” means all indebtedness outstanding to the Senior Creditors under the Finance Documents and any New Debt. “Senior Finance Documents” means the Finance Documents, the New Debt Documents and the Super Senior Documents. “Senior Representative” means, at any time, the representative of, the Senior Creditors. “Super Senior Creditors” means each Super Senior WCF Creditor. “Super Senior Debt” means all indebtedness outstanding to the Super Senior WCF Creditors (or any of their Affiliates) under the Super Senior Documents. “Super Senior Documents” means the Super Senior WCF, the Intercreditor Agreement, the Guarantee and Adherence Agreement, the Transaction Security Documents and any other document designated to be a Super Senior Document by ...
Major Undertakings means the undertakings set out in
Major Undertakings means those covenants set forth in clauses (a), (b)(i) to (iii) and (c) of Section 5.20, Section 6.01, Section 6.02, Section 6.03, Section 6.04, Section 6.05 and Section 6.06, in each case, solely to the extent relating to a Certain Funds Entity as to itself only (and for the avoidance of doubt not with respect to the Target and/or any of its Subsidiaries) and excluding any procurement obligation of a Certain Funds Entity with respect to the Target, any of its Subsidiaries or any other person.
Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on financial indebtedness, disposals, mergers, acquisitions, distributions, loans out or guarantees under the Senior M&A Facility or the New Senior Debt.
Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on
Major Undertakings means an undertaking in respect of the Parent, the Company or Merger Sub only under Clause 26.6 (Merger), Clause 26.8 (Acquisitions), Clause 26.9 (Joint ventures), Clause 26.10 (Holding Companies), Clause 26.12 (Pari passu ranking), paragraph (a) of Clause 26.13 (Acquisition Documents), Clause 26.14 (Negative pledge), Clause 26.16 (Disposals) or any of Clause 26.18 (Loans or credit) to Clause 26.21 (Financial Indebtedness).